Company Formation in the UAE

Business Setup in Dubai Studio City Free Zone
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Dubai Studio City is known for its magnificent technology and international connectivity. Another brilliant project by Dubai’s TECOM Group, Dubai Studio City (DSC) was opened in 2005. The free zone is dedicated to helping the TV, film production, music, advertising and broadcasting industries. It has also been a hub for hosting national and international award shows. DSC offers exceptional production services boasting the city’s most extensive collection of Sound Stages. Besides it provides expansive backlots, meticulously designed sets, versatile water tanks, fully equipped production offices, state-of-the-art recording studios and administrative offices. All these technical and infrastructural facilities make DSC the best free zone for audio-visual media companies.

If you’re also a media or entertainment-based business, a company formation in Dubai Studio City is an ideal choice. With an area of 22 million sq. ft., DSC has over 140 companies registered with it. This count is increasing day by day as it continues to provide real estate options with a wide range of customized and flexible commercial spaces. Be a part of a large community that caters to the convenience of the businesses with all basic facilities. You’ll find many cafes, eateries, parks, gyms, healthcare, hotels and more close to DSC. What’s more you might get a chance to attend the yearly Dubai Global Movie Festival which invites artists and important figures from the media and entertainment fraternity.

Key Advantages of a Dubai Studio City Free Zone Company Setup:

  • Complete foreign ownership
  • 100% capital repatriation
  • Exemption from all personal income taxes, service taxes, import and export taxes
  • Possible exemption from corporate tax subject to fulfilment of criteria
  • Access to world-class technology
  • Outstanding infrastructure
  • Ideal facilities for media businesses
  • A wide choice of leasing options ranging from hot desk to completely furnished offices with beautiful surroundings
Features of Dubai Studio City Free Zone Company Formation:

Location:

Dubai Studio City, Dubai, (U.A.E.)

Proposed activity:

Animation/Broadcast Service Providers/Broadcast Support Services/Broadcasting Radio – Station Satellite, Radio Network Satellite, Radio Station Terrestrial, Radio Network terrestrial, IP Streaming & Internet Radio/Broadcasting TV Station Satellite, TV Network Satellite, TV Station Terrestrial, TV Network Terrestrial, IP Streaming & Internet TV/Film Support Services/Music & Entertainment/Production(Film/TV & Radio)/Production Support Services/Themed Amusement & Recreation activities can be carried out in DSC.

License available:

Commercial license & Freelancer Permit are the available options for DSC – Dubai Studio City Free Zone.

Type of entities:

Free Zone-Limited Liability Company (FZ-LLC) & Branch office

Shareholders for Company Formation In Dubai Studio City

Shareholders for Dubai Studio City Free Zone (DSC) Company can be Individuals or Corporate entity

Director:

Individuals only (Minimum one. Shareholder can also be Director)

Share capital:

AED 50,000/- (50 shares of AED 1,000/- each) for FZ – LLC Dubai Studio City Free Zone Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in the bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in a bank pre or post-incorporation.

Audit:

An audit report is required to be filed with DSC.

Estimated time for Dubai Studio City Free Zone Company Formation:

3 to 4 weeks to obtain the license of the company and register a company in DSC (Dubai Studio City Free Zone)

Another 7-10 working days for an immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on a normal basis.

Process for Dubai Studio City Free Zone Company Setup:

  • Identify the legal form of the company to be registered in DSC
  • Select an activity from the DSC activity list
  • Apply for name and initial approval
  • Payment of fees related to DSC business set-up
  • Sign DSC company registration and incorporation documents
  • Apply for a DSC residence visa.

Documents Requirements for DSC Company Registration:

The documents required for business set up in DSC (Dubai Studio City Free Zone) depend on whether a shareholder is an individual or a corporate entity. The basic requirements include:

  • Color passport copy of shareholder/director/manager
  • Color UAE residence visa & emirates id copy of shareholder/director/manager
  • CV/Resume of shareholder/director/manager
  • Utility bill copy of shareholder/director/manager
  • Business Plan.
  • NOC from the current sponsor for shareholder/director/manager

Dubai Studio City License Cost

DSC Company Setup begins from AED 60,000/-

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DSC.

Other Notes for DSC – Dubai Studio City Free Zone Company Formation:

  1. Documents for Dubai Studio City free zone company setup to be legalized with UAE Embassy in case of corporate shareholder
  2. Company Immigration/Establishment card to be renewed every year
  3. Investors aiming for a business setup in Dubai must have a family status UAE visa should have a share capital of AED 75,000/- and to be eligible for an Owner/Investor/Partner visa should have a share capital of AED 60,000/-

How GBS Helps

Foreign markets demand in-depth investigation and analysis as well as marketing, branding and other crucial techniques. This can make setting up your international presence quite challenging. But we at Global Business Services DMCC believe that establishing a presence overseas is a dream your business deserves to achieve no matter what! So we have a team of professionals that offer promising company formation services to help you successfully realize this vision. We have already assisted countless firms and companies to be a part of the global market with the best strategies possible.

We are your reliable business setup consultants with unparalleled expertise in the field. We promise to deliver the best of our services guiding you through all the complexities involved. Every legal, corporal and other formality is proficiently taken care of by our professionals.

Are you ready to see your vision of a business setup in Dubai come true? Call us now at 050-8992852 or drop an email tosagar.mehta@gbsei.com to learn about special promotions/offers related to company formation in the UAE or DSC.

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.

GBSOur Office
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OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

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13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

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GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

QUICK LINKSOur Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
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AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

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Copyright © 2020 Global Business Services.

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